In the past few weeks I have learnt so much more about all of these schemes that the information has been inundating. I have over 10 articles in my mind as I speak and am always so concerned about not posting them all so close together that I cause constipation for my readers. Believe me, I could post 3 articles every day for the next 3 days, only I feel that might be too much. Maybe your feedback will help me… should I post them all now??
Yesterday, I had the opportunity of sitting with one of the MD’s of the High Yield Investment Programs, it was exciting meeting, more for him than it was for me. In his words, this meeting with me was God sent, and I might have given him a solution to a problem that had always bothered him. He went on to reveal a few of the secrets of his trade and of the trade of a few other companies that use the same template as him. What you are about to read may surprise you.
For the sakes of clarity, while I do not intend to mention the name of the particular company, I’ll give you sufficient information to make your own decisions and arrive and conclusions. This company is one of the companies that work with operational weeks. You can buy as many slots as you want and get to earn as much as thrice your money in less than 3 months. I arranged the meeting because I believed I had a solution for him, it actually turned out I did. A friend queried me on why I could give him such help for free…I believe it always comes back to you.
This MD explained to me that he has a good relationship with the others, and also has been opportuned to render help to a few of them. He then went further to explain how the configurations worked – He called it configuration.
This segment has been deleted because people have asked for it to be. All necessary information about the interview can be found in the comments. Keeping it up might indeed put some in trouble, and keeping it down some others. So I have decided to put up a decent bit, and expect that whoever is really interested reads the comments carefully. You really don’t need to contact me on this.
He was delighted when I gave him what I believed he was looking for. He told me that he might need to be seeing me very regularly, and asked about 3 times what I believed we could do together. I told him to allow us to take things a day at a time, this was my first meeting ever with him.
I narrated this interview with a new friend I just made, he was very shocked that I didn’t charge him. He told me about the first time he came to chat with me, and how he felt so happy that the first person he saw when he left me, he dashed N1,000. I found that very interesting… won’t it be really nice if people left me regularly and it made them be a blessing to others?
I’m sure someone is thinking what was this solution I gave to this man… watchout for it! At the same time, please look carefully before you leap. These schemes will work well until the required base to sustain the top is too big. If you put your money today, you might get it out before it collapses. However like I’ll always tell you, don’t gamble with what you can’t afford to loose. All the best.
102 thoughts on “Interview with the MD of an HYIP”
Hmmmnnn,
This is a true saying. like I always say, don’t even loan someone what you can’t give.
And it is actually embarrasing that greed is considered as an inherent nature in man. But looking around, one cannot but concur. Those that will make a true difference are those who are willing to be different.
I will watch out for this in my decisions.
Greed must never rule me!!
am still trying to get all of this together, but most touching was the part about the guy that gave out a thousand naira.
this goes to show, among other ways , how much of a blessing u’ve been and still are to this generation……but dont 4get to share the secret here too.
welldone sir!
Hum, Hum Hum!!!!
i reserve my comments for now.
i’m still trying to digest this.
Hum…..
It’s a pyramid scheme, pure and simple. They’ve existed before and will exist again. Those who are early into it make tons of money. Those who are even a little late lose all.
Watch out for the spectacular crashes soon…
This is a great information. I’m sure I know the company you’re talking about. The MD is right. Many Nigerians will let greed rule their judgment and that’s why those who get in early will make money. For these programs, the earlier you get in (and Out), the better for you. I’ll advise investors to transfer their returns into more stable investments like stocks and real estate and not to reinvest back into the same schemes.
Deolu, I hope the solution you offered the MD will be workable and will make the program last for a long time. Please keep us posted.
Deolu,
Nice one.
I am quite baffled with this. Anyway, tell us more please.
Hmmm! Just as I thought. So I guess its first come first cash.
Deolu the web addy is http://www.skrbl.com
Am I devoid of understanding? Or was he saying his business model was essentially a ponzi scheme? Please somebody should break it down for me as I seem lost!!
Baba adeolu!!!
Well done! i have been thinking about this money making investment and realised that most of these investment company are banking on greed which is natural human nature as the Md has said. People want to get more and more, without thinking about the possibility of lossing. i know they all one form of umana umana investment ideas. where the first people to invest make big money and the last people male big loss.
Thanks all the same for helping him out, i hope its going to help some people that are already in it.
keep us posted.
@deolu, this is really interesting. I havbe personally called up this people and they have continually said oil and gas, stocks etc. This new knowledge has taken me aback. It this not just a ponzi schem? They dont do anything with the money do they? What’s all the news about SEC or no SEC. I am shoked to say the leaset. When are we going to know about your advice to the guy?
And congrats on this new readeable site. It put me off for a while. Really dont know what to reply when I am reffered to as most time i could not read the coments well. Thanks
@Deolu, pls post all you have o! The earleir we know the better.
Deolu, pls i need you to confirm that they dont trade with this money?
Funny though!
I am not schocked about it; I always knew but I am schocked that the man could reveal it which makes it quite astounding and grotesque.
Okay, its a ponzi scheme; people benefitted from it and some people dont which is part of risky venture.
In every which way you have gained something; you lose your money you have gained wisdom or you gain money and gain greed (depending on who you are)
Dipo Tepede
http://www.dipotepede.com
I thought as much….i heard the company’s (if its the right one) account in one of the new’old generation banks was just put under suspension yday!
Afriend of mine tried payin money into it and was told the acct had been suspended. when my friend tried to go and pay in another bank, the cashier said she didnt think it was wise cos the scheme was being checked out by the bank and probably EFCC!
Let everyone make up their minds though….Caution is needed at this point. One must verify what these schemes actually DO with the money….those who can do verifiable businesses should be supported and those who don’t…….fill in the blanks!
I agree with you Dipo, the only thing that shocked me was that he owned up to it, or maybe it was just in the spirit of “we are together”.
I can’t make it sound less risky for people, ponzi is ponzi. The only thing I can assure you is that if they are able to find alternative uses to the money very fast, they might be able to cushion the crash or miraculously avoid it.
If your money is in, pray it comes out. If it is not, weigh the options, invest what you won’t miss.
Someone suggested I remove this post, it could get some people into trouble, if I take it off it could also get some people into trouble. So what do I do? I’ll rely on the next 5 votes to take a decision.
I AM THE GUY THAT GAVE OUT THE N1000, AFTER SPEAKING WITH DEOLU, I FELT I HAD JUST WON A LIFE TIME JACKPOT AND I HAD NO CLOSE RELATION WITH ME TO CELEBRATE, SO THE FIRST PERSON I SAW WHEN I LEFT HIS OFFICE IS AN OLD ACQUAINTANCE AND ACTUALLY I HAD NO MONEY WITH ME, I TOOK HIM TO AN ATM MACHINE AND GAVE HIM N1000, TELLING HIM I HAD JUST BEEN BLESSED.
HE DIDNT UNDERSTAND, BUT WITH N1000 IN HIS HANDS FREE OFCHARGE, ANYTHING I WAS SAYING WAS SOUNDING RIGHT.
I HOPE I BECOME A BLESSING LIKE THIS ALSO IN THE NEAR FUTURE AND BELIEVE ME I AM WORKING ON IT!
Leave the post Deolu, truth sets free.
I think you should leave the post. It’s an eye-opener for would be investors to be cautious!
pls leave the post.thanks
i vote you leave the post .a real eye opener
i am an investor in this particular scheme and i just pray my money comes out.i just hope whatever solution you gave him really solves the problem.in any case i reckon in the end there will be winners and losers
Hi,
I would like to know more about the configuration.
Thanks
Chairman,
I will like the details of the deleted part.
I love and appreciate the way you have been very helpful to people, only that I feel that the solution should have gone for a price.
Leave the Post…Ye shall know the truth and it shall set you free. I got freedom when I read Dipo Tepede’s views about one of these HYIPs…it was my first time of seeing the word “Ponzi”. So pls leave it…maybe others will be liberated…
I also vote you leave the post on.
To post or not to post, it wouldn’t change what will happen much. It’s left for everyone who reads the post to make the best judgment for themselves and their investments.
Deolu, You are really doing a very great job enlightening people.
@Deolu, I would like you to send the details of the deleted part to me.
Ekuse o!
I am impressed with the response and comments of people to this post . I just think that it was not a bad decision for chairman to give the man information for free. I hope one day we wont be requested to pay to read this site. Kamal please take note.
Deolu,
Thank you so much for all the enlightening you are giving out.Men!!! i am blessed.
Please send the deleted part to me please
Deolu,
Thanks for the information.
Please send the deleted part to me.
Thank you Deolu for this revelation.
I have investments in almost all these schemes. Can you come straight to mention the particular scheme in question. I want to take action fast before it is too late. Are you also saying that I should forget investing in GFS ? I have already sent a cheque for 2 slots for GFS. Deolu, I am at a cross road, What should I do?
You need to come out clean here. I want you to be whiter than white .Tell us that Nigeria is not a save place for any type of investment afterall.
…i reserve my comment till i feel the ‘vibes’….
Hi Wale,
You dont need to reserve your comment at this stage. Let all of us speak out now before it is too late.#
Thanks.
Hi Deolu,
I am one of your great fans.Been checking up your site everyday for 8months now and its been such a blessing to me.Kudos!
Please can you send me details of the deleted part, i would really like to know what they do with the money.
Broz, the part you deleted… I’d like to read it. Please post it to me. Thanks.
Hi All,
I’ve silently observed posts on this blog for a short while now and I remain in perpetual elation on reading Deolu’s opinions and the response of like minds. I must say, for lack of more descriptive words, I am most impressed. Thank you Deolu and thank you friends of the house. Now to that which inspired me to pitch in a word.
1) Deolu pls not all information is good for everybody. I was fortunate to have read the post b4 it was censored. We all know that we r taking risks, what these people do with the funds is not absolutely important, (really). GFS is transparent and relatively guaranteed, the only snag is it pays just over 5% while the other schemes pay much more, so I don’t think u need an ifa priest to tell u it’s HIGH RISK.
2)Deolu PLEASE do not disclose the name of the firm, the fellow disclosed his trade secrets 2 u in trust, maybe not stated, but I believe it was in trust.
3) 2 Segun Oyeniran, if u’ve recovered ur capital from these schemes and some profit, then secure ur profit in more reliable investments, stocks, real estate, GFS, etc.
4) 2 All, pls lets not place our responsibilities on Deolu’s shoulders, his role is advisory, and the call is absolutely yours. He can only give pictures from both sides of the coin and allow ur matured mind propel u to greater heights.
5) Thank you.
@ Felix: What you are talking about seems like something that would interest me, but I dont seem to understand.
@ Segun Oyeniran – I sincerely wish it was as simple as mentioning the name of which one. Fact is I have actually been able to communicate with quite a number of them. This particular one has also kept calling me, he sees hope of a way out from my suggestions. I hope to help them in any way I can, and invariably help you too. It’s also pointless because there is nothing you can do about the ones you have placed money into already. And believe me, the fact that this one opened up, gives me a little more confidence in them than some of the others.
About GFS, if you write in before April 3rd when we intend to go into the stock market, I’ll be willing to refund your cheque. I really don’t know the connection point between this article and GFS, but pls make up your mind, GFS is not an HYIP. We promise what can be legitimately delivered.
@ All. I have gotten loads of emails about the deleted part. Let me explain it as discretely as possible – A good number of these schemes are not using your money for anything. Some of them intend to go into something in the future, like oil and gas and everything they currently tell you they are doing. It’s not rocket science though, why will a company keep on taking your money for 4yrs at a cost of over 100% when the banks can see his cash flow and can offer him a lot more at the cost of less than 30%? It’s simple, it’s either the company is not into what he says he’s into, or he is in business to serve you and I. Some of these schemes have over 30 Billion Naira in their coffers, and all we see is the gradual development of their offices over the years… come on people, I don’t think we are this ignorant. If we are in any of these schemes we are there for our personal greed, we want to cash in and cash out, before the ignorant illiterates (and some educated) loose their money. We know they won’t last forever, but we hope they don’t go down without us making a profit. Abi? We tell ourselves, this one just started, lets quickly get in and get out now, before those people that will get to hear later hear. Then we get the money and think… ah, I got 1Million… let me try for the last time 🙂 “God, if you deliver me from this 12 weeks, I will never do it again”
What the MD said is not what you and I don’t know it’s what we are afraid to admit. That your money has been used to pay someone else, and that they rely on other greedy people to pay you. Didn’t you see the people you gave the money to? Haven’t you tried to interview some of their employees? Did they sound like they had their money there? Some of these guys are willing to come over to your office to collect your 50k, does that look alright? Doesn’t that show that the real product is your money? If what people were paying was minimized to less than 50k, I wouldn’t have much problems, but some people have put in Heavy millions with the hope of tripling it. I wish you good luck.
Most of you are still young and have jobs… go ahead and gamble with your money, if you loose it, you’ve still gotten your salary, you can start saving again. If you are over 50, you have no business with this HYIPs, trust me.
I wish I could charge a fee to let you know the ones that I can personally guarantee… there are few of them that are actually doing something tangible and verifiable (there are some we can willingly work and even partner with). Can someone make me an offer :)? Don’t worry though, I’m putting my analysis together for you all.
I’m finishing up my crash course on forex trading (you can bet I’m doing a train the trainer course) over the weekend , this is also a line some of them are looking into but are not yet fully proficient in.
Please know that I will put information across that I believe would be for the greater good of all. Thanks for your vote of confidence.
@Kamal, look for something to comment on and stop wasting the boxes, i simply said it was a blessing meeting chairman and would like to be a blessing to others also.
The truth about this HYIP is that the higher the returns the high the risk, if I may, I’ll say GSF returning 5% has 5% risk to its investors while he who invests in HYIP expexting a30% to 200% returns should not loose sight of the fact that he should expect a risk range of 30% to 200% too.
Rich Dad already stated this fact that your returns rate matches the risk of the investment.
Hmmm, Hi All
Deolu did not mention any name bcos he thinks it’ll get some people into trouble. But, let’s try some elimination method. If the MD Deolu met happens to be that of treasureline, then I think the financial/corporate settings of this country is in real big trouble.
I say this bcos I stumbled across the requirements necessary for getting registered as fund managers by SEC http://www.sec.gov.ng/reqfundmanagers.htm Tioluwalase sometimes ago gave us a link where Treasureline was listed by SEC as one of the companies seeking registration. If Treasureline meets and satisfy all these requirement especially items 8, 10 and 13, and SEC went ahead to list the coy as one it is considering without finding any fraud, only for smart-little Deolu to figure this out. Then I think we’re in for it. We might just be seeing many more Cadburys!
But that’s just assuming the MD Deolu met is the Treasureline guy. Deolu, I hope I’m wrong.
@Segun Oyeniran,
With all due respect sir, I really don’t think you’re in the correct line of biz. From your comment about GFS, seems you don’t have the nerve to stomach the negative consequences of HYIPs. I don’t think we need to transfer aggression on other schemes as long as they are legit. By the way, its been said many times in the past never to invest what will give you hearth aches.
After weighing the potential benefit, the loss and these whole SEC thing, I decided to invest a fraction of my monthly salary in treasureline (I figured that won’t make me lose sleep if it doesnt work). So don’t think I’m speaking like this cos I have nothing to lose. The mentality should be: if you win, you’ll simply congratulate yourselves; if you don’t, you simple tell yourselves “you win some, you lose some” and move on without any transfer of aggression.
deolu
pls send detailed interview, it mig#ht just aid my decision for the week.
Any comment on the News magazine publication of yesterday?
I am yet to see it though but news is fling around fast
@all,
I painstainkingly went out of my way to meet the MD of TREASURE LINE.He asid he did not at anytime grant any interview with anyone. I discussed at lenght with him on the nature of their business. could not get out the top secret from him because like he said, they have revealed this and 3 sets of companies have used that aginst them by forming their own compnay.
He went as far as showing me all the letter they have written to EFCC about the nature of their business as fund managers. It was EFCC that directed them to seek for SEC registration. Their office even on a public holiday was very busy.
The MD has said that sooner or later the secret will be known to everyone by the time they cant all their registration in place. He even told me on an automation process they were trying to finalise, such that when one pays into an account, the bank informs them and everything will be done without you visiting their office. All that happens is that you get an account number with them and eventually your interest will be put into your account, this prcess is in the final stages and should be up in about 3 weeks.
As much as we desire information, we desie the right information and not one that is misleading.
The MD is definetely not happy with all these negative reports as he beileves his intentions are good.
@Deolu, I belive that since you had an interview with this mystery person, who is aware of what you do then there is no need for this person to be anonymous. Pls make him known
@all, this is not a campaign but it is what I gathered from the office
Typos regretted
Hi Guys,
I think this ‘Deolu guy is just trying to be smart here. We all know he’s trying to start his own company. How do you publish an interview and decide not to reveal the name of the MD, and all of a sudden you remove the most important part of the interview?
The whole idea is to sow doubt into the mind of the readers. The MD of treasureline and wealthspinners have both denied taking part in any interviews so where does Mr Deolu come up with his own “phantom” interview?
After this so-called interview he then goes about promoting his comapany [GFS] and states that an MD of one of the companies is begging him “for a way out”. This does not add up or make sense.
I am not denying the fact that these companies might be running a pyramid scheme, but let people decide for themselves and dont go about trying to create phantom interviews for your own gain. Just come out fair and square and promote your company. who died and made you finacial advisor anyway?
As long as nobody here is complaining of not getting paid by these schemes, i dont think you need to go on with this witch hunt of yours Mr deolu. Nuff said.
@ Tioluwalase et al
First of all… this your tactics won’t achieve my divulging the company. I state categorically that a good number the HYIPs use similar concepts… and since the guy at least confided in you that some other people that knew their secret have started theirs… I need no further explanations.
“they have revealed this and 3 sets of companies have used that against them by forming their own company.” I think that statement should have scared you.
Let’s just say I have offered unbiased information that I believe will be useful in helping people make decisions. I leave it to whoever wants to promote whichever company to go ahead.
“As much as we desire information, we desire the right information and not one that is misleading.” – Was this meant for me? Isn’t that a bit harsh?
What I had was not a formal interview, we sat down and spoke face to face, I in the capacity of one with a solution. He had never seen me, doesn’t know me and doesn’t know what I do. I asked questions and got answers. Let’s say its possible to ask same questions and get different results.
E gba mi oh…
…and @Andrew… your comment actually made it to my spam section (which it might have felt at home in :-)) But I fished it out and approved it, so at least all can have the reading pleasure of your perspectives.
I need to set some records straight.
1. I didn’t sell GFS anywhere in this post. GFS is also not open to everybody… we actually ask people to fill forms and we try to verify that they are legitimate people before approving them. You can re-read. It also is not in the same business with HYIP.
2. Begging me for a way out? Are you into manufacturing? Was that you deduction, because I didn’t say that.
3. I guess any normal human being should deny that he told someone that his company isn’t into what he has told them it is into consistently.
4. For the particular company I spoke with, I told you we were able to get a workable solution that we intend to implement. Does this sound like I’m pulling them down?
5. How will Andrew get his money back, when Mr. Deolu discourages others from putting their money in? Tell us Andrew, how much do you and your friends have in the ones you have mentioned? I’m sure this post gave you sleepless nights… huh?
Why don’t you call me, like a good number of people have, to appeal to me to remove the post because it will discourage the others that would help get your money out?
Daily I receive calls asking for directions to so many HYIPs – I give it to them. People think I’m an agent for all of them, they talk to me like I should know the addresses by heart. I give them. I even have friends from the UK, US, e.t.c who send me money to help them put it in an HYIP (with commission). I advice them, and then I go with what they decide.
Who died so I can be financial advisor? LOL. You won’t like my response believe me 🙂 One day, you’ll get to know better, and not be so vituperative 🙂
@ALL When the ostrich sees danger coming, it hides it’s head in the sands, does that prevent danger from coming?
People,
please don’t let’s start getting hysterical here. I don’t see anything wrong in what Deolu has done, if anything, it’s a good thing as any scheme that doesn’t really have anything doing shouldn’t be allowed to stay. I don’t know how many of you have personally visited the offices of these schemes but when you do, you will come to one of the two conclusions below:
1) Nigerians are very, very rich and can stake amounts of up to N100,000 to N1,000,000 in schemes that they don’t really know much about without losing sleep or
2) A lot of people are borrowing or scraping all their life savings and are putting them in these schemes.
I arrived at no 2 above based on personal observation i.e. I used to think money was so hard to come by in Nigeria until I saw people that you would ordinarily doubt if they had 10,000 naira staking up to half a million naira in these schemes.
With this in mind, why would anybody castigate any vigilance on the part of Deolu on any other person for that matter? Do you know how many families will suffer if these schemes go under today? Anybody that cannot withstand public scrutiny has no business doing “business” with the masses’ money.
I have seen some posts on this site and others on this issue and it seems as if either people are encouraging others to go into the questionable schemes to ensure that they get paid (as they know it’s basically a pyramid scheme) or people are just trying to discountenance any negative vibes concerning where they have put their money and that to me approximates psychosis.
I think it’s high time these guys tell us what really they do with the money with concrete proof, not just mouthing stocks, oil and gas etc.
We have a lot of companies in oil and gas (zenon, sea petroleum etc) and they don’t go telling you that they can’t reveal their business because people will steal their idea. It’s just a convenient excuse for perpetuating ignorance I think.
Deolu, please continue to expose those that do not have the good of the general public at heart, I believe they have no business being custodians of public funds.
@Deolu, you shouldn’t bother yourself so much with this people, as the elders say ” A WORD IS ENOUGH FOR THE WISE”. You have done your own part by giving your advise and opinions, they should do what they want, when anyone gets burnt, atleast you know you did your own part.
I like high risk, but i put in what i can afford to lose so i dont have start campaigning for others to join so i can get my money back.
Hello Deolu,
I have not invested in any of these schemes, but reading thru the article above, I must be sincere that I’m also shceptical too! The thing is there are some questions that if answered might bring back the confidence ppl have in you.
1. You said you were the one that arranged the meeting because you believed you had a solution to his problem. This means that this MD didn’t call you in the first instance . Hence, the first thing is how did you know that this MD is not using ppls monies for anything other than to pay those who had earlier invested? Besides it doesn’t sound normal for anybody to call his competitor (GFS is seen as a competiton with other schemes) and just reveal his can of worms.
2. Lets assume that an employee gave out this secret to you (most likely in confidence). Its sounds somehow that this MD will just welcomed your ideas after miraculously knowing his secrets without proves. What I mean is how did he take it, how did he react? Its pretty unusual for the likes of people organising Ponzi schemes not to deny such allegations.
3. Finally, could the reduction in pay-off be one of your suggestions. I think you’re right on that. It’ll prolong the crash.
@ Deolu, no shaking at all!
Dear Deolu,
Kindly send the deleted part of this message to me
Thank you as i await your response
Haba,
Why are people castigating Deolu?
Deolu, we didn’t need anyone to die before you became financial advisor, you have been doing a great job of this for a while now.
You have opened our eyes to the various HYIP’s available, and we have the choice to invest or not to invest in them.
After reading some of your posts, I choose to invest in Wealthzone, which looked like a reasonable scheme.
I have gotten about 2 months return now, and i think they have a viable business proposal. They also have the best looking office set up.
One word of advice. No one ever got rich from a HYIP. You can use your returns to finance proper projects, and build wealth, but don’t base your plans for sustainable wealth on them!
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@ Tunde.
1. I called the MD, I had been told they were into MLM, wasn’t sure, so I called him that I had something that would interest him. It wasn’t a competitive bid, it was a collaborative bid. I had a win win for him, not as a company, as a person.
2. I didn’t go to him with the knowledge that I knew his secret, I called him based on number 1. You are the one that think it’s a secret, I wasn’t shocked about what they were doing, I was just shocked about the way he casually said it, and also by the fact that he had his unique system.
3. My suggestion will take a few weeks to be implemented. It might not be made public as it deals with their internal workings and not external dealings. When it happens, it will be a safer place to invest…I’ll certainly keep everybody posted.
About competition, believe me, the sky is currently big enough for all the birds to fly. Only a certain type of people will be interested in what we offer, not everybody. We are not for the short and sharp we are for the longterm. What we want to be the ones collecting the money you get from these other schemes 🙂
All,
I think HYIPs operators have invaded this blog and are feeling insecured; otherwise I do not see the need for this unneccassry fuse. Honestly this site owner has done more good than harm to the HYIPs operators as he has run more of advertisment for HYIPs coys and their product than running any coy down.
As investors, we need to know where and what we are investing on before writing the cheque as these will aid our investment decisions. If you are investing on MLM, CDT, Clubfreedom, etc through these HYIPs, you need to know so that you sharpen you entry and exit strategy. Of course these HYIPs helps to eliminate the hassles of looking for your downlines while at the same time making good ROI. But the tendency to hide every business under oil and gas is quite unacceptable
Deolu;
The idea of being the custodian of returns from these HYIPs is not bad as GFS is another type of investment vehicle. But I have always tend to disagree with those who screams around that one cannot become wealthy through this schemes. I have always asked them to show me a wealthy man who has only one investment vehicle. The answer is capital NON. HYIPs are good diversification and if played intelligientlly will increase ones ROI. It all boils down to 2 things: your risk tolerance and timing (enrty and exit time).
Mistakes can be committed by any financial organisation and none of the have a total naira-proof. A friend of mine that’s not used to the internet registered for IBTC Pension Solution. He always boasted that he was jelling with a reliable firm. Last Thursday, I want to make a fun of him I told him to check up his Retirement Saving Account. Lo and behold, my friend RSA account was reflecting Zero account. He could not believe what he saw on my system. Further phone-calls to IBTC Pension Solution Managers didn’t yield much help. Rather they frankly told my guy to look for his payment teller and send a scanned copy of it to them. I have already help him to send them a scanned copy. We’re still hoping to hear from IBTC.
@Deolu,
Thank for that clarification. Believe me I didnt write those comments just for castigation. It was like you said what was on my mind i.e my interpretation of the article. And I believe you’ll agree with me its better we speakout whats on our minds rather than spreading false info.
Goodluck
Bros Deolu,
please send me the deleted part of yourinterview with the MD, i wil appreciatte it a great deal.
Thanks
Josh
deolu,
god will bless you for being truthful. people are afraid, and that can kill. all you would have done was to say it with wisdom, so that those who could not hold themselves can sleep well. you have cause more sleepless nigths than you can imagine. anyhow is okay for them tough. all is risky, even if you dont invest, its is still risky. just collected a payment from these guys and am really happy. deolu keep the good work up. please send me the deleted part of the interview with the MD
thanks
Hi,
Deolu – Please I’ll love to have the full text of the inteview for my personal consumption.
All – Personally, i believe each person is responsible for his/her actions with his/her money and this medium is just to provide more information/education on the various schemes based on individual experiences.
Call it greed/risk/investment or whatever you want, we all have our destinies in our hands, the need for information led me (and i believe quite a number of other people to this blog. I have my money in 3 of these HYIPs (as they are referred to) and 1 has fully paid up while i await my ROI on the other 2.
Like a friend of mine would say while placing his money in the schemes, life itself is a risk.
I’d also like to say here that we should please refrain from volatile use of words and not let our search for information create online wars with people we may never see.
Deolu is not even there for any advisory role as far as i’m concerned. He probably had the information we required at some point. I’m sure this blog has grown beyond his own expectation. I’m not saying we shouldn’t be critical, but we should be polite and constructive about it.
Tx
Send me the delected partof the interview
@ bidian
do you mean treasureline?
Well! what can one say, it’s been a very interesting discussion for the most part.
Deolu, Kudos for a good job again. Let them say… The truth has again be told. Just leave it at that. We have made up our minds on what to do. Let’s just move on to other things(issues).
Pst D, abeg send me the deleted portion of this interview…
@all
I think it’s better we make do with the information here together with the comments. You need to read last weeks news… people are raising eyebrows about all these schemes already. I don’t want to be responsible for anybodies downfall…true.
Meanwhile, someone said something that shocked me… grow beyond my expectations? No way! This site is currently not anywhere near 1/100 of where it’s going. My online mentors site does more than 100 times traffic.
@ deolu
please let forget this issue and face more future challenge. life is an adventure. abi? one down more to go! wetin you think.
Hi Deolu,
I’m glad u’ve got greater plans than I envisaged about this site. I’m the one referred to in your last message and my vacation has given me the much needed time to go through this site.
Nice job man and keep the faith. Whatever your plans are you will achieve and greater things too.
I’d like to keep in touch with you. My email addy is available to you and I expect the request on the full text of the interview.
Na wa for people o. this guy has the right to speak what ever he hears or sees if you have anything against that then open a site and misyarn in it we are trying to work together not run anybody down say what feel and go rather than letting us know you are biased one way or the other.The problem with our country starts from this kind of attitude.
Guy talk on jare no mind them talk is cheap
@all,
Thanks. I feel you. It’s good for all to speak their minds, a question asked is easier to answer than one unasked. Negative feedback is a necessary ingredient for forward movement. Friction aids and stabilizes motion.
It’s just better to ensure that one’s good is not evil spoken of. I won’t be surprised truly if some folks are sponsored to to say what they say.
@deolu
i read the NEWS from what they said i hear people are intending to go and inquire about their money mostly to withdraw their interest or stakes and this i know will lead to the fall of these houses as there will be no fund to pay. do you foresee what i am seeing. disaster beckons i fear. the news report has worsen the whole issue, couple with this election period , lets keep our fingers crossed.
Hi deolu hope too hook up with u when next im in town.my kind advise and warning to u all is to now ur limits and financial stength.
Ive personnaly lost millons in the past when i wasnt even a millionaire now im not afraid to take risks.Success to me is all about risk taking!!
All the very best
Interesting…. its good finally we all know that our destinies are in our own hands. That said can we all move to other topics …
A happy easter break to you all.Bet its a good time to reflect on the real essence of life and our being.
Cheers!
nice work. i have also been wondering what these companies do with investors fund.
Well, it is rather shocking that these so-called fund managers would lie to the customers all in the name of making money. I would appreciate if u can send me the details of the withdrawn portion to my box. A lot is at stake here, it is gonna make the risk easier to bear if this information is made available to me. like i read from your other post “an ostrich hiding its head in the sand is not save from trouble yet” . but at least one would be aware of risk involved if at all anything goes awry or if it goes the “rich” way.
thanks man. keep it up
just checked this blog cos a friend called my attention to it. please, do me a favor by sending the deleted part to me. from this, you should know i have my money in some of these schemes. thanx.
A no. of my friends have been drawing my attention to your logs Deolu and I think their pretty cool. I feel a little different about this schemes from you.
I’ve got my money in some of these schemes and I don’t fret about em. Really… I just think its one of those investments like stocks, forex, business, etc. that people get into (SEC or no SEC). They’re all thesame in terms of what they are…. they’re either coming with big risks and big reward or small risk and small reward. From reading your logs, i’d like to say that my conclussion about most people is that they’re GAMBLING with their money…. (life’s not Las Vegas u know… but some people get rich in Las Vegas… a few, i must add).
I’m writing this comment to give u a feel about how i think… if ur investing in anything… learn as much as you can learn about it and think. Every type of investment is different… so u need to know it, how it different, how it will profit you (and how u may lose), and how you would move on from it. so THINK… don’t play with ur money (if u don’t have too much to lose… that is).
I currently have my money in some of these schemes and i’m looking for more of these… if I get in quick… i’d have made enough money from it… then i’d be relaxed… waiting for the end of it and watching the tears of the losers.
My conclusion: In forex, there are losers, In Stocks, there are losers, In Business, there are losers, In Investment, there are losers….. (nothing is really safe- some r just more funny and jaggy to understand)- so really learn about these things… then play well.
Once again Deolu…. thank you for the logs… they’re helpful.
pls i need the other part of the interviwe too o pls i beg my pal send m to me o
thank keep ur good work up
abeg make una leave, deolu alone.
andrew, im sure u either work with any of the HYIPs ore have ur gratuity there(just joking). take it easy with deolu, he meant no harm.
deolu baba! fly on
My Dear Friend Adeolu,
You have done and been doing an excellent job since the day I first knew you. (you were in SS1 at the time and I was in JSS 2). God will continue to reward you.
I must say you have become quite infamous for your good work. This morning I over heard a conversation on how you were running down other HYIP to push yours. These people don’t even know you nor have they been to your site. Someone told someone who told someone what you “said” and it is spreading like wild-fire.
I couldn’t help but step in to clarify issues (I have been to almost all the HYIP and the offices/intelligence of the people I spoke with tells me your money will be safer with me than with any of them – not kidding!).
Thank God SEFTEG has moved to it’s new (and hyper improved if you ask me) office. The last office was nothing short of a shack. I put in 600,000 there and the only problem was that I had already paid in before visiting their office… I wouldn’t have. I pray my money comes out but I am 100% sure they are not into what they claim to be into.
Treasureline (I put in 2 slots of 307,000 and 50,400) is slightly better. They have one of the better offices and at least the MD sits there (so you can approach him if you want). He is smart to have set it up, but I can tell that the only reason why they give you your investment + 300% is because you get your money after 4 operational weeks. I got in during week 21, I’m expecting my pay-off in week 25 (1st week of may).
Do the math yourself…my money was used to pay someone and I am collecting the monies of the other weeks in between (wk 21, 22, 23 n 24). It’s not rocket science and most of them have plans to move into something. I keep my current job instead of relying on HYIPs so that no one comes chasing me for my “sudden wealth”. Believe me, a lot of them are doing this. I am not trying to run down but I think people need a reality check here and should not be gullible. If you take a walk outside wealth solutions office on ring road (DIKAT House), you meet a crowd of “ignoramus” who don’t even know how to fill the forms!!! Business centres are thriving there (photocopiers, call phones, even fax machines). I went to GTB to transact early monday morning on my way to work. There was a long queue to get in through their “single metal detector doors”. I was already groaning inside that 15 people were ahead of me (I got there a 7.50). When I got in, I found the banking hall empty….where was everyone??? They were all in the deposits section putting money into WS!!!! I did my business in 3 minutes!
I guess enough has been said on this matter. I feel bad that Deolu has to take a few “swipes” for doing a good job. @Deolu, keep up the good work and more power to your elbows!
You have said it all. Let’s pray EFCC clears them. If they find any credible one amongst them.
@ Ayotunde,
Thanks oh…I’m thinking seriously about closing our investment club to the public. I’m thinking…
It’s just so interesting that we can’t afford to run our life by the social mirror.
One says, he’s tacitly selling those schemes
Another says, he’s running them down
Another says, he’s their agent
Yet another says, he’s pulling them down to set up his own.
Thanks to all of you, whose voices echo louder than those tiny miscreants that fear the truth. Or to those who by disagreeing hope to become popular.
Thanks.
I think that Deolu should not be afraid of other people opinions whether it was presented in good faith or with evil intention. What I know is that God will always reveals his mind to his servant the prophet. The scripture says s/he who has an ear let him/her hear what the spirit says.
Deolu if you want to continue being a successful man you have to learn to ignore peoples opinion about you and they way you work. All the great business men out there have very bad critics some guy even suggested that Robert Kiyosaki (rich dad poor dad) is fake. Just keep being yourself and keep it real.
Interesting, how we all reason.Adeolu you are doing a nice job here.
let me borrow a word from Robert kiyosaki> investing is not risky, but the investor who refuses to investgate before investing is in himself risky.(End of discussion) long and short of the matter.
It is the responsibility of the investor to check and verify with proofs
what these various schemes are actually doing with peoples hard earned money.untill we all do that individually or collectively.we will continue to have sleepless nights,long agruements and what have you.
for me the recent developments are a welcomed one i.e the EFCC investigation on these various schemes and the write up by FHAN.this i believe will fish out the bad eggs amongst them.
The returns on Nospetco,wealthzone and Hanzowa seems reasonable enough. for these three one can dig into there activities with relevant regulatory bodies that they belong or report to.
1. Nospetco (check with) DPR >Directorate of petroleum resource
2. Wealthzone and Hanzowa ( Check with) SEC > Security and
exchange commision.
These bodies should be able to provide one with the financial reports and details of activities of the aboved mentioned companies.
As we all continue to learn how to and how not to invest,I wish everyone graduates from one level of investing to another and i pray we all become better investors . and not competitors because the bottom is too crowded,there is more room on top. see you on top.
Cheers to u all > peace am out
Interesting.I was born bred and … in Ibadan.Used to be a quiet town,now the whole world is trooping to invest in Ibadan.Let us stop deceiving ourselves,Deolu is right.If you want to make fast money from these schemes,invest now before the pyramid crashes.
If you want to invest and sleep with both eyes closed then dont invest.Try to use your brains and invest in stocks.People that invested in dangote sugar offer in dec were able to tripple their investment in less than 5 months.There are many other investment opportunities like that.I bought MAY n BAKER last year @ 4 naira.That investment has more than trippled and I slept well all thru.I bought Standard Alliance during the public offer late last year@=N=1.1 that investment has more than trippled in less than 6 months.
Fine it is easier to make money from these schemes cos then u dont have to use your brains,but please invest money that u can afford to loose.
Deolu kindly send the deleted part of the interview to my box.
Weldone May God continue to bless you
invest if you like but make sure youre not susceptible to high blood pressure and heart attacks…..deolu pls could u send me the names of these HYIPs&addresses.i’d like to do some personal investigation.thanx
Deolu, pls send the deleted part of the interview into my mail box and also let me have the addresses of these HYIP and thier names.
Cheerio, God bless you.
My mail box is toyinarogbonlo@yahoo.com
Deolu, what this whole new wave of HYIP investments has succedded in showing is
1).how much money circulates around Nigeria in the hands of financial illiterates.
2.) It is a commentary on what terrible jobs Nigeria’s corporations, banks e.t.c are doing to make Nigerias invest. so much for our over-advertised stock exchange and investment offerings (na for only TV we they see them!) and the naively arrogant, suit-wearing, mercedes-driving, “hopping-all over the world” CEOs, who think they’ve arrived bcos their company travels regularly on govt “trade missions” there is money to be made in Nigeria and there’s a lot of it in circulation. i think everyone one who operates a bank or or financial institution in this country should wear a sticker that reads “HELP! I’M A LAGGARD!” GOOD job! DEOLU
Olumide Akinkugbe
PLS DOES SOMEONE KNOWS ANTHING ABOUT HAZONWAO ACTIVITIES? IT DOESNT LOOK LIKE PONZI BUT YOU CAN NEVER TELL NOWADAYS
HAZONWAO? Yeah Ade, dont look like ponzi to me too but i think its for da big investors. That’s only when it can make real sense.
Check em out on investnigeria through Genwi’s link. That is, hit genwi.com, then go to feeds.
Chao
to be candid ,this hiyp pays but we should be very careful in any deal ,cos selected one are reliable not all.
Hello,
well am a regular visitor to this blog and deolu as been able to give credits to some of the HYIPs and gave his advise,but for some reason now nobody seems to have read this part of the interview deolu said he was forced to delete ,i read all the 90 something comments here and nobody seems to have read the deleted part of the interview before ,its quite funny ,deolu you have started your own program too so dont get people scary about this deleted part of the interview which nobody has read (i just read all the comments and every body is asking deolu to send them the deleted part),its so funny .i do have stake in some of the HYIPs and am not scared ,also am join deolus GFS,so some one should tell me if i should be scared joining deolus program
Hello Friend….how you doing…?im your friend from alohsnita.com/blog are you intrested im making millions in just twinkle of an eye…? get back to me for more details at saddog4real@yahoo.com
pls who has news on nospectco
anyone have information of what is happen with penny wise pls tell
Deolu hi. For a young man I think you are trying. You are really a generational model. But what’s the point in advertising the interview when you are not publishing what transpired. For me, I never belived all these idiotic schemes. Umanah/Umanah is still very fresh in my mind and the nineties crisis in our financial system is enough lesson to anybody who wants to learn. For God’s sake, what investment is there all over the world that you’ll make 300% in just 3 months maybe Govt contract and that was even b4 due diligence. Even this has inherent risks. Please do advice the army of unemployed and ambitious people who daily visit your site to be circumspect in their dealings with these people.
Hi Deolu,
Do you have any information as regards PMI (Positive Movt International)? They promised paying week 5, 6 and 7 by 31st of October. Do you have any infomation as per their sincerity in payment.
Please do get back to me.
Cheers
any news on sefteg/wealthsolution?
Deolu,
Please could you forward to me the full text of the interview you had with the HYIP MD on May 29th, 2007.
Many thanks